April 23, 2024 11:29 GMT
BCB Focus Survey – SELIC Rate, CPI, USDBRL Forecasts Raised Again
BRAZIL
- Brazil’s central bank has published the results of its weekly economists’ survey on its website.
- 2024 year-end inflation raised to 3.73%, from 3.71%
- 2025 year-end inflation raised to 3.60%, from 3.56%
- 2024 GDP raised to 2.02% from 1.95%
- 2025 GDP held at 2.00%
- 2024 year-end Selic rate forecast raised to 9.50% from 9.13%
- 2025 year-end Selic rate forecast raised to 9.00 from 8.50%
- 2024 year-end forecast for the USDBRL exchange rate increased to 5.00 from 4.97
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